Experts see Middle East conflict making current car & credit markets even more challenging
Tuesday, Mar. 24, 2026, 10:27 AM
With additional insight about affordability, FICO watches averages credit scores tick lower again
Wednesday, Mar. 25, 2026, 11:27 AM
PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Wednesday, Mar. 25, 2026, 01:05 PM
Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance ... Listen Here
Wednesday, Mar. 25, 2026, 05:01 PM
Industry Elite honoree Kelly Wyatt on 25-year career with GM Financial
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Kelly Wyatt, who is chief digital officer with GM Financial. Wyatt shares a conversation with Cherokee Media Group senior editor Nick Zulovich about being ... Listen Here
Wednesday, Mar. 25, 2026, 04:43 PM
Industry Elite: Sean Morgan of Westlake Financial
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Monday, Mar. 23, 2026, 03:07 PM
J.D. Power Ranks Lenders by Consumer Satisfaction
Thursday, Dec. 4, 2008, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — Releasing its 2008 Consumer Financing Satisfaction study today, J.D. Power and Associates reported that two import financial arms and one domestic captive took top honors in the various segments analyzed. More specifically, BMW Financial Services, Ford Credit and ... [Read More]
ABI: Bankruptcy Filings Down a Bit from October
Thursday, Dec. 4, 2008, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Overall, according to the American Bankruptcy Institute, bankruptcy filings dipped slightly from October; however, they remained up 39.2 percent in November over the same period in 2007. Relying on data from the National Bankruptcy Research Center, ABI reported ... [Read More]
AWARE: Military Members More Prepared, Satisfied with Auto Financing Process
Thursday, Dec. 4, 2008, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Military members know the value of preparation, and they use that knowledge when financing a vehicle, which generally leads to higher satisfaction, according to a recent survey by Americans Well-informed on Automobile Retailing Economics. Apparently, military members lead ... [Read More]
OnlineBKmanager.com Upgrades Marketing System
Tuesday, Dec. 2, 2008, 12:00 AM
Nick Zulovich
PHOENIX — OnlineBKmanager.com announced a major overhaul of its Web-based marketing system this week. "Due to the current subprime automotive lending environment, BK marketing is more valuable than ever," said Robert Davies, president of www.OnlineBKmanager.com. "We have hundreds of dealers logging ... [Read More]
Reaction Mixed to Treasury’s TALF Program
Tuesday, Dec. 2, 2008, 12:00 AM
Nick Zulovich
NEW YORK — According to U.S. Structured Finance, initial market reaction to the U.S. Treasury's recently introduced TALF program is mixed. Basically, one of the goals of this new program is to make auto loans more available for consumers. "While some ... [Read More]
Subprime Credit Loss Analysis Can Show You the Money
Tuesday, Dec. 2, 2008, 12:00 AM
Nick Zulovich
HOUSTON — During the last year the credit markets have tightened significantly for the subprime industry. This contraction of capital threatens the ability of many buy-here, pay-here dealers to continue in business. Without capital, BHPH dealers can't grow or even replace ... [Read More]
Major Lender Halts Auto Financing in Canada
Tuesday, Dec. 2, 2008, 12:00 AM
Nick Zulovich
SAN FRANCISCO — Wells Fargo Auto Finance has decided to pull out of the Canadian auto finance industry, effective immediately, SubPrime Auto Finance News' sister e-publication, Auto Remarketing Canada recently discovered. "Wells Fargo Auto Finance announced to dealers on Nov. 12 that, ... [Read More]
AmeriCredit Announces $500 Million Senior Subordinate Asset-Backed Securitization
Tuesday, Nov. 25, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — On Monday, AmeriCredit Corp. announced the pricing of a $500 million offering of automobile receivables-backed securities under the AmeriCredit Automobile Receivables Trust platform, which primarily includes subprime auto loan contracts. The lead managers on the transaction are ... [Read More]
MAFS, CUDL Expand Partnership to Offer Additional Financing Sources for Dealers
Tuesday, Nov. 25, 2008, 12:00 AM
Nick Zulovich
RANCHO CUCAMONGA, Calif. — CUDL, which administers the nation's largest point-of-sale and indirect lending network for credit unions, along with Manheim Financial Services, announced the further roll-out of the MAFS Advantage program this week. Through the partnership between CUDL and MAFS, the ... [Read More]
RouteOne Expands Red Flags Assistance for Dealers
Tuesday, Nov. 25, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently announced that it has formed an alliance with Colorado-based Triple Protection Auto Care to provide dealers an extensive Red Flags compliance and information security program. Tri-PAC's services complement RouteOne's Identify Verification and Authentication tool, powered by ... [Read More]
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